Metalero Mining Corp Stock Price on June 3, 2024
| MLO Stock | 0.14 0.00 0.00% |
Below is the normalized historical share price chart for Metalero Mining Corp extending back to September 10, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Metalero Mining stands at 0.14, as last reported on the 11th of December 2024, with the highest price reaching 0.14 and the lowest price hitting 0.14 during the day.
If you're considering investing in Metalero Stock, it is important to understand the factors that can impact its price. At this stage we consider Metalero Stock to be out of control. Metalero Mining Corp has Sharpe Ratio of 0.0144, which conveys that the firm had a 0.0144% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Metalero Mining, which you can use to evaluate the volatility of the firm. Please verify Metalero Mining's Risk Adjusted Performance of 0.0177, standard deviation of 2.88, and Mean Deviation of 0.8477 to check out if the risk estimate we provide is consistent with the expected return of 0.0425%.
Issuance Of Capital Stock is likely to climb to about 518 K in 2024, despite the fact that Total Stockholder Equity is likely to grow to (673.4 K). . Metalero Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.1422 | 50 Day MA 0.1422 | Beta 2.588 |
Metalero |
Sharpe Ratio = 0.0144
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Estimated Market Risk
| 2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Metalero Mining is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Metalero Mining by adding it to a well-diversified portfolio.
Book Value (0.16) | Enterprise Value 2.1 M | Enterprise Value Ebitda (0.26) | Shares Float 5.2 M | Shares Outstanding 13.6 M |
Metalero Mining Valuation on June 3, 2024
It is possible to determine the worth of Metalero Mining on a given historical date. On June 3, 2024 Metalero was worth 0.16 at the beginning of the trading date compared to the closed value of 0.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metalero Mining stock. Still, in general, we apply an absolute valuation method to find Metalero Mining's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Metalero Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metalero Mining's related companies.
| Open | High | Low | Close | Volume | |
| 0.16 | 0.16 | 0.16 | 0.16 | 1.00 | |
06/03/2024 | 0.16 | 0.16 | 0.16 | 0.16 | 1.00 |
| 0.16 | 0.16 | 0.16 | 0.16 | 1.00 |
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Metalero Mining Trading Date Momentum on June 3, 2024
| On June 04 2024 Metalero Mining Corp was traded for 0.16 at the closing time. The highest daily price throughout the period was 0.16 and the lowest price was 0.16 . There was no trading activity during the period 1.0. Lack of trading volume on 06/04/2024 did not cause price change. The trading delta at closing time to current closing price is 6.25% . |
Metalero Mining Corp Fundamentals Correlations and Trends
By evaluating Metalero Mining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Metalero Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metalero financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Metalero Mining Stock history
Metalero Mining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Metalero is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metalero Mining Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Metalero Mining stock prices may prove useful in developing a viable investing in Metalero Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.3 M | 3.7 M |
Metalero Mining Stock Technical Analysis
Metalero Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Metalero Mining Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Metalero Mining Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Metalero Mining December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Metalero Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metalero Mining shares will generate the highest return on investment. By undertsting and applying Metalero Mining stock market strength indicators, traders can identify Metalero Mining Corp entry and exit signals to maximize returns
Metalero Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metalero Mining's price direction in advance. Along with the technical and fundamental analysis of Metalero Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metalero to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0177 | |||
| Jensen Alpha | 0.0367 | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.57) |
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Additional Tools for Metalero Stock Analysis
When running Metalero Mining's price analysis, check to measure Metalero Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Metalero Mining is operating at the current time. Most of Metalero Mining's value examination focuses on studying past and present price action to predict the probability of Metalero Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalero Mining's price. Additionally, you may evaluate how the addition of Metalero Mining to your portfolios can decrease your overall portfolio volatility.